TARC Limited, the New Delhi-based luxury residential real estate developer, demonstrated robust performance with strong sales figures and significant project milestones for the nine months ended December 31, 2025. The company reported comprehensive business metrics alongside key operational achievements across its premium residential portfolio.

Financial Performance Overview

The company's financial metrics for the reporting period reflect solid business momentum across its luxury residential developments.

Managing Director and CEO Amar Sarin indicated the company is planning its next set of developments under a defined long-term vision, positioning for continued growth in the luxury residential segment.

Project Milestones and Developments

Tripundra Milestone TARC Tripundra

The company achieved a significant operational milestone with its boutique luxury project in South Delhi. Key developments include:

This milestone is expected to enable revenue recognition and cash flow generation, marking a crucial transition from development to delivery phase.

TARC Kailasa Expansion

The company has enhanced its sales infrastructure at TARC Kailasa in West Delhi with the opening of a new sample apartment and sales gallery. TARC Limited plans to launch the most premium tower within this development, expanding its luxury offerings in the West Delhi market.

TARC Ishva Progress

At TARC Ishva in Gurugram, the four-sided-open luxury development remains largely sold out, demonstrating strong market acceptance. The company has secured all statutory approvals for the next phase, with sales expected to commence within the current quarter.

Market Performance

Shares of TARC Limited were trading at ₹174.48 on the NSE, down by ₹2.07 or 1.17 per cent, reflecting normal market fluctuations amid the company's operational progress and financial performance updates.

TARC Limited, New Delhi's leading luxury residential real estate developer, has reported strong financial performance for Q3 FY26, demonstrating continued momentum across its project portfolio. The company achieved significant delivery milestones while maintaining healthy sales traction and collections during the quarter ended December 31, 2025.

Financial Performance Highlights

The company's financial metrics for Q3 FY26 and nine-month period showcase robust operational execution:

TARC's liquidity position remains robust, supported by consistent collections, advancing construction milestones and increasing monetisation of inventory. The performance reflects the strength of TARC's operating model and its ability to translate demand into execution.

Major Project Developments

The company achieved significant progress across its key developments during the quarter:

TARC Tripundra, South Delhi

The boutique luxury development reached a crucial milestone with receipt of the occupation certificate. Customer intimations for possessions have commenced and formal handovers are set to begin shortly. This milestone enables revenue recognition and unlocking of cash flows for the project.

TARC Kailasa, West Delhi

The project is ready with new sample apartments and sales gallery, offering customers a tangible preview of the development's scale, finishes and lifestyle proposition. The company is launching the most premium tower within the development, enabling sales and enhanced value realisation.

TARC Ishva, Gurugram

The four-side-open luxury development remains largely sold, demonstrating strong end-user demand. Construction continues to progress and the company has received all statutory approvals for the next phase, with sales expected to start within the current quarter.

Management Commentary

Mr. Amar Sarin, Managing Director & CEO of TARC Limited, commented on the company's progress: "With our ongoing development reflecting strong progress across all dimensions of the business, we are now actively shaping our next set of developments under a clearly defined long-term vision. These developments are being thoughtfully curated and meticulously planned, reinforcing our confidence as we enter the next chapter of luxury living."

Business Outlook

TARC Limited continues to strengthen its position in the luxury housing market through a delivery-led phase of growth, supported by disciplined execution, improving cash-flow visibility and a growing pipeline of future developments under planning. The company's focus remains on developing luxurious residential projects in New Delhi and Gurugram, maintaining its commitment to delivering exceptional quality to discerning clientele.